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Pipeline is the same to say Balance of the First (second, third,... depending on how many tranches you agreed with your donor) Budget Tranche. What's your take?
If it's the end of quarter pipeline will be our carry over
The Pipeline could also be described as the variance of budgeted and actual cost of each reporting period under consideration. Hence depending on how many tranches or disbursement periods with your donor, you will have pipeline for each period.